Let’s share some data that helps YOU make better decisions

Earlier this week, Foodservice and Hospitality Magazine and FHG International, in association with Ryerson University, launched a national survey on restaurant operations in Canada. This survey is the first of its kind in over 10-years in Canada and the results, for the first time ever, will be make available to everyone in the Canadian restaurant market on a no-cost basis.

The survey will run until the end of October and operators across the country are heavily encouraged to submit their data as accurately as possible in order to generate the needed operating data and to share results on a completely confidential basis.

The survey is simple, takes only about 10 minutes to complete provide you have your last operating year financial data at hand, and will yield great results. We also are providing prizes for participation ranging from 3 iPads to 10 $200 gift cards which can be used across Canada.

It has been my goal for years to make comparable operational data available to the industry on a no charge basis. The report that is to be generated will provide comparable analysis of the restaurant business nationally, by province, by sector and location; as well as provide key benchmark data such as sales per square foot, sales per seat and other relevant indicators.

I urge all readers to go to www.restaurantmarketsurvey.com and fill out the requested information. Results will be posted in January 2011.

Welcome to FHG’s new web site.

I remember starting to develop our first web page in the early 1990s and being really one of the first foodservice and franchise companies to market to the world stage through the web. Since that time the site has evolved and grown in size obviously, but more so in content. We often hear from students, teachers and entrepreneurs that they use the articles, books and other resources on the site for learning, coaching and problem solving. We enjoy hearing the stories and over the years have tried to update the information by adding even more content.

 

A toast to the new website

In terms of content, we are happy to have any of our associates and colleagues, who would like exposure through our site, to provide us with a set of articles in PDF format and we will be happy to have them posted along with a link back to your site. Please feel free to send them along.

We are also happy to finally be able to provide better transactional services on the web. We can now sell our books directly with the addition of a PayPal service cart. Authors of related books may also feel free to contact me to have your book offered on our FHG site. We are looking for restaurant and franchise related content.

While we are not sure what, how or whether this Blog will evolve over time, our intent is to try and develop a Question and Answer interactive dialogue, rather than provide a simple monologue of what’s on our minds. While we expect to make comments here and there, we would much prefer responding to questions related to the restaurant and franchise industries, operations and related issues. By sending your questions to info@fhgi.com, one of our senior people will respond to you directly as well as post the question and answer on the Blog for other to benefit from the dialogue.

We are also excited to announce that the CRFA has just published Canadian Restaurant Accounting, the national accounting standards approved by the Canadian Institute of Chartered Accountants. This book, in its second edition, is authored by Doug Fisher, President of FHG International Inc. You can find a link on line to purchase the book directly from the CRFA.

This blog contains the opinions and ideas of its author and is designed to provide useful advice in regard to the subject matters covered. The author and the publisher are not, however, engaged in rendering business, accounting or other professional advice or services in this blog. This blog is not intended to provide a basis for action in any particular circumstances without consideration by a competent professional. The author and publisher expressly disclaim any responsibility for any liability, loss or risks, personal or otherwise, which is incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this publication.